Title:S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish ContinuationKey Levels:Resistance:4173.25Pivot: 3913.25Support: 3751.75 Preferred case: On the H4 chart, we have a bullish bias. Furthermore, the price is above the Ichimoku cloud , indicating a bullish market. If the bullish trend continues, expect price to possibly move towards the 4173.25 resistance level , where the 78.6% Fibonacci Fibonacci line is.Alternative scenario: Price could head back down to retest the pivot line at 3913.25, where the 50% Fibonacci line is.Fundamentals: There are no major news.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/s-and-p-500-e-mini-futures-es1-h4-potential-for-bullish-continuation5"
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